Kenanga Today : 15 August 2012

NEWS HIGHLIGHTS

-  Hartalega's 10 production lines at new plant ready June 2013

-  Sarawak Plantations’s Q2 earnings down 28.3% to RM16.2m

-  Hup Seng’s 2Q pre-tax profit up 20.8% YoY to RM12.8m

-  Petra Energy’s 2Q net profit up 36.0% YoY to RM9.1m

-  Prestariang’s net profit rises 409% to RM8.6m

-  Tomei’s 2Q revenue jumps, but PBT plunges 40.0%

-  KKB secures RM48.0m contract from Sarawak government

-  Astro IPO for bumiputra priced at RM3.60

-  Hibiscus invests in Aussie firm

-  Deleum unit to buy 60.0 % stake in NPSB

-  Trading in Stemlife suspended

FOREIGN NEWS HIGHLIGHTS

-  Foxconn to invest USD5.0-10.0b in Indonesian plant: Trade Minister

-  Carlyle, China PE firms bid USD3.5b for Focus Media

Source: Kenanga